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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Unit 7B, Oakwood House 422 is £306,580 and the estimated rental value is £1,712 per month.
The apartment is within Oakwood House, Hackney Road, London, E2.
Hackney Road, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Unit 7B, Oakwood House 422 has a single entry in the Land Registry from November 2013 and a single entry in the EPC database dated January 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Unit 7B, Oakwood House 422 is in very good condition we estimate a sale value of £321,909 and a rental value of £1,798 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,120 and a rental value of £1,592 per month.
Over the last 12 months the sale value of Unit 7B Oakwood House 422 has decreased by an estimated £10,109 (3.3%) and its rental value has increased by an estimated £82 per month (4.8%), giving an expected gross yield of 6.7%.
Unit 7B, Oakwood House 422 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jan 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Unit 7B, Oakwood House 422 was last sold on 1st November 2013 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2013, the market for similar properties has risen 17.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Unit 7B, Oakwood House 422 within a radius of 250 metres over the last 2 years.
The most recent example is Flat 2B, 73, Temple Street, London, E2 6GE, a leasehold flat which sold for £362,500 on the 30th May 2025.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hackney Road, London, E2 has a total of 770 addresses. According to our analysis of all the public data, Unit 7B, Oakwood House 422 is the 693rd largest and the 736th most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in E2.
The nearest school is Lawdale Junior School which is 300 metres away. The nearest train station is Cambridge Heath which is 300 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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